TV Today Network Limited, a prominent player in the Indian media landscape, has announced the successful completion of its acquisition of Romesh Films Private Limited. This strategic move transforms Romesh Films into a wholly owned subsidiary of TV Today Network, potentially strengthening the company's position in the entertainment sector.

Acquisition Details

The acquisition, which was finalized on September 25, 2025, involved the transfer of 4,65,010 equity shares of Romesh Films Private Limited to TV Today Network Limited. Each share has a face value of Rs. 100.00, representing 100% ownership of Romesh Films.

Regulatory Compliance

TV Today Network has adhered to regulatory requirements throughout the acquisition process. The company had previously informed the stock exchanges about the impending acquisition on July 25, 2025, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Communication

Ashish Sabharwal, Group Head - Secretarial & Company Secretary & Compliance Officer of TV Today Network Limited, officially communicated the completion of the acquisition to both the BSE Limited and the National Stock Exchange of India Limited. The intimation was made in accordance with the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Potential Implications

While specific details about Romesh Films' operations and the strategic rationale behind the acquisition were not disclosed, this move could potentially diversify TV Today Network's content portfolio. The acquisition of a film production company by a major television network may signal an intent to expand into new areas of content creation and distribution.

Market Information

TV Today Network Limited is listed on both the BSE and the National Stock Exchange. Investors and market watchers may want to monitor how this acquisition impacts the company's future performance and market position in the competitive media industry.

As the media landscape continues to evolve, strategic acquisitions like this one may play a crucial role in shaping the future of content creation and distribution in India's vibrant entertainment sector.

TV Today Network Limited (NSE: TVTODAY, BSE: 532515) has announced the termination of its agreements with Creative Channel Advertising and Marketing Private Limited (CCAMPL), effectively cancelling the proposed sale of its FM radio operations. This decision marks a significant shift in the company's strategic plans for its radio business segment.

Key Developments

• Agreements Terminated: TV Today Network has ended two key agreements with CCAMPL:

  1. The Memorandum of Understanding (MoU) and its addendum for the proposed sale of FM Radio Broadcasting Operations.
  2. The Advertising Sales Agreement and its addendum.

• Affected Radio Stations: The cancelled sale would have included three FM radio stations operated by TV Today Network in Mumbai, Delhi, and Kolkata.

• CCAMPL's Withdrawal: According to the company's disclosure, CCAMPL communicated via email their inability to continue with the agreements, leading to their withdrawal.

Background and Timeline

The termination of these agreements comes after a series of earlier intimations to the stock exchanges:

• Initial disclosure of the proposed transaction
• Further updates on the agreements
• Additional information provided to shareholders and regulators

Implications for TV Today Network

The cancellation of the FM radio operations sale suggests that TV Today Network will retain its presence in the radio broadcasting sector. This decision could have significant implications for the company's future strategy and financial outlook in the media industry.

Regulatory Compliance

TV Today Network made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed both the BSE Limited and the National Stock Exchange of India Limited about this development.

Management Statement

Ashish Sabharwal, Group Head - Secretarial & Company Secretary & Compliance Officer of TV Today Network, signed off on the regulatory filing, emphasizing the company's commitment to keeping shareholders and the market informed of significant corporate decisions.

Investors and industry observers will likely be watching closely to see how this change in plans affects TV Today Network's overall business strategy and performance in the competitive Indian media landscape.